Essel Long Term Advantage Fund Direct Growth

Scheme Type
Open-ended
Scheme Category
Tax Planning
Benchmark Type
S&P BSE 100
Scheme AUM (in Crs.)
₹ 49.07
Expense Ratio
1.51%
Scheme Class
Equity
AMC AUM (in Crs.)
₹ 1790
Min Subscription
₹ 500
Min Addition Subscription
₹ 500
Performance
Comparison
Portfolio
Details
Analysis
14.4695
(0.62 %)
NAV as on 2018-12-17
Returns
Fund
Essel Long Term Advantage Fund Direct Growth
1 Year
-1.87%
3 Year
11.99%
AMC Details
amc launch date
Launch Date
04 Dec 2009
amc sponsor
Sponsor
NA
amc email
Email
connect@peerlessmf.co.in
amc phone
Phone
033 - 40185000
amc address
Address
H.O. 3rd Floor, 1, Chowringhee Square, Kolkata 700069, -
Tax Implications
Short Term Capital Gain (Holding period < 12months):
17.16% - 17.94%
(15% + Surcharge @ 10%-15% + 4% Health & Education Cess.)
Long Term Capital Gain:
10% without indexation & without foreign currency conversion benefit + Surcharge @10%-15% + 4% Health & Education Cess
Taxation on Dividends:
10%
(Dividend Distribution Tax is paid by the mutual funds and not by investors.)
Risk
Moderately High
Exit Load
N.A.
Scheme Information Document (SID)
Read mutual fund scheme information document on AMC website to know fund information in detail.
Objective
The Scheme will seek to invest predominantly in a diversified portfolio of equity and equity related instruments with the objective to provide investors with opportunities for capital appreciation and income generation along with the benefit of income tax deduction (under Section 80 C of the Income Tax Act, 1961) on their investments. Specified Investors in the Scheme are entitled to deductions of the amount invested in Units of the Scheme, subject to a maximum of ` 1,50,000/- under and in terms of Section 80 C (2) (xiii) of the Income Tax Act, 1961. Investment in this scheme would be subject to statutory lock-in period of 3 years from the date of allotment to be eligible for income tax benefit under section 80 C. There can be no assurance that the investment objective under the Scheme will be realized.
Suitability
This product is suitable for investors who are seeking
• Capital appreciation over long term
• Investment in Equity & equity related instruments
SIP/Lump Sum Calculator
Enter Investment Amount
For how many years?
0.5 Yrs
1,000
Investment per month for 0.5 Years
5,967
Portfolio Value
-33
Total Returns